Horsepower Holdings, LLC

$53,700 PPP Loan in Hugo, Minnesota

Loan Details

Loan Number
1252057108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$53,700
Current Approval
$53,700
Forgiveness Amount
$54,094
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Horsepower Holdings, LLC
Address
5525 141st St. N.
City
Hugo
ZIP Code
55038-8429
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423910)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-08

Loan Use Breakdown

Payroll
$50,000
Utilities
$200
Mortgage Interest
$3,500

Lender Information

Servicing Lender
First State Bank and Trust
Originating Lender
First State Bank and Trust

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